SB LiMotive, the joint venture of Samsung SDI and Bosch, has secured a contract to supply the lithium-ion battery packs for the Fiat 500EV, which will be launched in the US market in 2012.

The Fiat 500EV, the result of alliance between Chrysler and Fiat Group, is a subcompact passenger car comprising of a powertrain, which consists of three main systems: an electric powertrain module, a lithium-ion battery and an EV control unit to manage power flows.

While SB LiMotive will develop the battery packs for the Fiat 500EV in Orion, Michigan, the battery cells will be produced in Korea; and the battery packs will be assembled in Springboro, Ohio.

Chrysler will conduct all the powertrain engineering and vehicle development at the Chrysler Group headquarters in Auburn Hills, Michigan.

SB LiMotive executive vice president, Dr Joachim Fetzer said that Chrysler indicated that SB LiMotive earned this business because it can supply high-quality lithium-ion battery packs in the quantities needed on time to the market.

“Additionally, SB LiMotive has the technical expertise Chrysler will require as it launches this important program. Our established global footprint was a further strong point in our favor,” Fetzer said.